Month: December 2022

Industrial Sector Pans Out On Top

2017 met the manufacturing industry with a forecast of ups and downs. With the inauguration of U.S. President-Elect Donald Trump, the border wall, NAFTA, and other economic factors, expectations were understandably guarded. So how did the year pan out for the global manufacturing industry? Let’s review.

Manufacturing will always continue to play an essential role in the global economy being the foundation for success of other industries and business sectors. When productivity in manufacturing is healthy the national economy strengthens, creating new innovations and job opportunities along with it.

In April, companies like Caterpillar and Citibank, boldly raised their 2017 forecasts for both sales and revenue as mining showed signs of recovery. Effects were seen across Asia and Canada. China, specifically, sought a strong demand for their investment in infrastructure and residential projects.

As for Canada, we’re facing an age of innovation, energy efficiency, and exports. As a part of a three-year strategic plan for manufacturing endeavors, we’ve worked towards strengthening export ties with U.S. Public transportation, social systems, and the housing market are also attracting large investments like millennial settlements. As always, Canadian manufacturers are gearing to explore reduction of carbon emissions and better wastewater policies to stay globally competitive. At Meteor, this is a part of our 2017 (and beyond) initiative.

No matter the state of the industry, the part that will always remain at the forefront are the customers who help create supply and demand. Requiring design, engineering, and production, companies spanning the continents come together to fulfill new concepts in development of the latest and best working technologies. Here at Meteor Foundry, we meet those needs through crucial services like prototyping to final production. Our capabilities meet both low and high volume requests.

At Meteor Foundry we have partnered with giants such as Siemens, Howden Ventilation Air Systems, Husky, ABB, GE, and more, all of whom bring a robust demand. Our team of advanced engineers and dedicated employees ensure that quality and service meet the full expectations of our clients.

2018 is gearing up to be a great year offering exciting opportunity, join us by send your most challenging casting projects, we shall be pleased to provide you with a quotation.

Continue to follow our blog, Twitter, and LinkedIn for industry-wide updates. To hear more about our products or services, please contact us today.

We’d like to thank you all for reading and wish you a very happy and healthy holiday season! Until next year!

               – The Team at Meteor Foundry

The Future of Manufacturing in Canada: A 2018 Outlook

Manufacturing accounts for more than 10% of the GDP, positioning it stronger than the energy sector. More importantly, billions of dollars are pumped into research and development by manufacturing giants and all innovation in the land of maple leaf owes something to the impetus generated by manufacturing players.

The global recession of almost a decade ago has retreated–and 2018 is presenting the producers of the country with new opportunities.

Robotics, Transportation & Defense are Major Contributors to the Manufacturing Upsurge:

Reports by IFR suggest that the global robotics market will expand by 15% in the run-up to 2018 adding 13 million automatons and AI driven mechanical workers to industries like assembly, manufacturing and warehouse handling. Since the Skill Gap in Canada is still a major stumbling block that the government has to maneuver, it is anticipated that outsourcing of routine, dangerous and repetitive tasks to robots will find greater favor.

Where transportation is concerned, the keywords for 2018 are – balance, optimization and going green. As the land that is leading the global movement to switch to clean energy, investment in low emission vehicles and engines that utilize fuel better will complement the mammoth 11 year, 10.1-billion-dollar transportation infrastructure initiative.

2018 is also the turning point for the Canadian defense budget. Between 2018 and 2027, there is projected to be a rise of 700% in spend fueling frenzied and proportionate activity in the manufacturing sector.

The Foundry is Proud to be Part of Canadian Manufacturing:

Meteor Foundry is equally optimistic about its own position in 2018. We possess best in class sand molding, permanent molding, pattern making, laser printing, finishing capabilities, and have recently acquired a 5 axis CNC.

This makes us even more excited to serve existing and future customers in this new era of renewed manufacturing dominance.

Our competence in the domain of custom production coupled with an efficiently managed supply chain has helped us emerge as one of the preferred providers of Aluminum/Zinc castings in Canada and our Global Partners.

Are you interested in seeing how the Foundry can take your business to the next level? Contact us here.

You can also follow our blog, Twitter and LinkedIn for relevant industry updates.